Price Reduction
Address
501 SE 5th Street # A-B, Cape Coral, FL
Price
$ 545,000
Property Attributes
- MLS#224043910
- TypeMulti-Family
- CountyLEE
- CityCape Coral
- AreaCC14 - Cape Coral Unit 16 - 18 - 22-
- NeighborhoodCAPE CORAL
- Zip33990
- StyleDuplex
- Year Built1979
- Taxes$ 7815
- Price$ 545,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2510
- Lot Size0.301 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description
Discover the perfect blend of comfort, convenience, and style in this stunning duplex located in one of the most central neighborhoods in Cape Coral. This property offers two units: a 2-bedroom, 2-bathroom unit and a 3-bedroom, 2-bathroom unit, making it ideal for both homeowners and investors. Each unit features an open-concept design that seamlessly connects the kitchen, dining, and living areas. Both units boast tile flooring throughout, offering a low-maintenance and contemporary aesthetic. Step outside to your private oasis. The property includes a beautiful swimming pool, perfect for cooling off during hot summer days. The pool is enclosed within a pool cage. This duplex is situated in a prime location with close proximity to some of the area's best amenities. Cultural Park, Pine Island Road, Santa Barbara Blvd, Veterans Pkwy, and Hancock Bridge are all just a short drive away. Whether you're looking for cultural activities, dining, shopping, or quick access to major roads, this location has it all. The property includes ample parking space and well-maintained landscaping, adding to its curb appeal. Each unit has its own laundry facilities, ensuring convenience for all residents. With two units, this property offers excellent rental income potential. Live in one unit and rent out the other, or rent both units for maximum revenue features make it an attractive option for. Don't miss the chance to make this beautiful property your own! NO FLOOD ZONE!
| Price History | |
|---|---|
| 5/16/2024 | Listed $549,900 |
| 6/20/2024 | 1% - $545,000 |
General Features
| Sewer | AssessmentPaid |
|---|---|
| Heating | Central,Electric |
| Cooling | CentralAir,CeilingFans,Electric |
| Utilities | CableAvailable |
| Possession | CloseOfEscrow |
| Roof | Shingle |
| Exterior Features | None |
| HOA | 0.0 |
| Architectural Style | Duplex |
| Pool Features | InGround |
| Construction Materials | Block,Concrete,Stucco |
| Pets Allowed | Call,Conditional |
| Year Built | 1979 |
| Tenant Pays | Electricity |
| Unit Number | A-B |
| Property SubType | Duplex |
| Tax Year | 2023 |
| Waterfront Features | None |
| Community Features | NonGated |
| County | Lee |
| Net Operating Income | 45000.0 |
| Operating Expense | 51000.0 |
| New Construction | No |
| Property Type | ResidentialIncome |
| Association Amenities | Other |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | CAPE CORAL |
| Garage Y/N | No |
| Status | Active |
| Directions | South of Pine Island Rd. & right off Cultural Park Blvd. |
| City | CAPE CORAL |
| Land Lease Amount | 0.0 |
| View Y/N | No |
| Senior Community Y/N | No |
| Zoning Description | R3-D |
| NumberOfUnitsTotal | 1 |
| MLS Area | CC14 - Cape Coral Unit 16,18,22- |
| Lot Size Units | Acres |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 7815.7 |
| Home Warranty Y/N | No |
| Property Condition | Resale |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 35 |
| Structure Type | Duplex |
| Standard Status | Active |
| Tax Lot | 92 |
| Property Sub Type Additional | Duplex |
| MobileHomeRemainsYN | No |
| PostalCity | CAPE CORAL |
| Legal Description | CAPE CORAL UNIT 23 BLK 1137 PB 14 PG 44 LOTS 92 + 93 |
| Condo Fee | 0.0 |
Interior Features
| Flooring | Tile |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | DoubleHung |
| Fireplace Y/N | No |
| Full Baths | 4 |
| Total Bedrooms | 5 |
| Electric On Property Y/N | No |
| Total Baths | 4 |
Exterior Features
| Lot Features | OversizedLot |
|---|---|
| Water Source | AssessmentPaid |
| Lot Size Area | 0.301 |
| Horses | No |
| Spa | No |
| Irrigation/Water Rights | No |
| Building Area Total | 2510.0 |
| Lot Dimensions | 55 x 125 x 148 x 125 |
| Lot Size Acres | 0.301 |
| Lot Size Source | Appraiser |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Road Responsibility | PublicMaintainedRoad |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
| LotDimensionsSource | Appraiser |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 33990
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 29, 2024 3:06 AM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
